Mises Wire

NYT Mag on Ron Paul

NYT Mag on Ron Paul

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He was already immersed in reading the economics books that would change his life. Americans know the “Austrian school,” if at all, from the work of Friedrich Hayek and Ludwig von Mises, two economists who fled the Nazis in the 1930s and whose free-market doctrines helped inspire the conservative movement in the 1950s. The laws of economics don’t admit exceptions, say the Austrians. You cannot fake out markets, no matter how surreptitiously you expand the money supply. Spend more than you earn, and you are on the road to inflation and tyranny....
In a rice-growing, cattle-ranching district, Paul consistently votes against farm subsidies. In the very district where, on the night of Sept. 8, 1900, a storm destroyed the city of Galveston, leaving 6,000 dead, and where repairs from Hurricane Rita and refugees from Hurricane Katrina continue to exact a toll, he votes against FEMA and flood aid. In a district that is home to many employees of the Johnson Space Center, he votes against financing NASA....
Paul has made a habit of objecting to things that no one else objects to. In October 2001, he was one of three House Republicans to vote against the USA Patriot Act. He was the sole House member of either party to vote against the Financial Antiterrorism Act (final tally: 412-1). In 1999, he was the only naysayer in a 424-1 vote in favor of casting a medal to honor Rosa Parks. Nothing against Rosa Parks: Paul voted against similar medals for Ronald Reagan and Pope John Paul II. He routinely opposes resolutions that presume to advise foreign governments how to run their affairs: He has refused to condemn Robert Mugabe’s violence against Zimbabwean citizens (421-1), to call on Vietnam to release political prisoners (425-1) or to ask the League of Arab States to help stop the killing in Darfur (425-1).
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